Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
Shares of project management software maker Monday.com (NASDAQ:MNDY)
jumped 3.1% in the afternoon session after investment firm Baird upgraded the stock to Outperform from Neutral and raised its price target to $310. The investment firm pointed to the stock's recent decline as a compelling buying opportunity, noting shares had dropped 21% since July. Baird's analysts expressed growing confidence in the company's platform leadership, highlighting its potential to use its position in collaborative work management to deliver value with generative AI. The upgrade also arrived ahead of the company's second-quarter results, which Baird anticipated would be solid.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
A number of stocks fell in the afternoon session after the White House announced a new round of steep global tariffs, sparking concerns of a trade war and its impact on the U.S. and global economies.
Companies that consistently increase their sales, margins, or returns on capital are usually rewarded with the best returns,
and those that can do all three for years on end are almost always the legendary stocks that return 100 times your money.
Over the past six months, Monday.com has been a great trade, beating the S&P 500 by 13.9%. Its stock price has climbed to $292, representing a healthy 18% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
A number of stocks fell in the afternoon session after the Trump administration announced intentions to impose a 35% tariff on many goods imported from Canada.
From commerce to culture, software is digitizing every aspect of our lives. Companies bringing it to life have been rewarded with high valuation multiples that make fundraising easier,
but they have capped returns lately as the industry was flat over the past six months and trailed the S&P 500’s 6.2% gain.
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
MONDAY.COM LTD (NASDAQ:MNDY) combines strong earnings momentum with a bullish technical setup, making it a candidate for high-growth investors. The stock shows robust revenue and profit growth while trading near a potential breakout level.
Let’s dig into the relative performance of Monday.com (NASDAQ:MNDY) and its peers as we unravel the now-completed Q1 productivity software earnings season.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes.
This development triggered a significant decline in oil prices, easing inflation concerns.
Also, it is possible some investors were buying the dip following the sell-off at the end of the previous week.
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 -1.1%) as Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East. This development has sent crude oil prices surging, as investors fear potential disruptions to global oil supply and a wider regional conflict.
Growth is a hallmark of all great companies, but the laws of gravity eventually take hold.
Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.
